Trump Considers Kevin Warsh for Treasury Secretary with Eye on Fed Chair Role in 2026

Nov 22, 2024, 03:13 AM

Donald Trump is continuing his search for a Treasury Secretary, with former Federal Reserve Governor Kevin Warsh and Apollo CEO Marc Rowan among the leading contenders. According to reports, Trump is considering appointing Kevin Warsh as Treasury Secretary, with the understanding that he could later be nominated to lead the Federal Reserve when Jerome Powell’s term ends in 2026. Warsh met with Trump at Mar-a-Lago to discuss the role. Appointing Marc Rowan could give direct influence over the $24 trillion private equity market. An announcement is expected imminently.